Natural gas open interest and ADV
North American gas futures
Financial gas futures
Henry Hub futures
Quarterly update - Henry Hub futures set OI records
The final week of October saw ICE’s Henry Hub futures break consecutive open interest records, signaling renewed momentum after a slower Q3.
The Evolution of Natural Gas - Markets, Explained
Natural gas has transformed over the past decade, with the move to a global market carrying implications for trade, risk management, and energy competition between nations.
Key benefits
Deep liquidity and transparency
ICE North American natural gas products attract a diverse range of physical and financial market participants which in turn drive deep liquidity while providing both transparent and reliable price signals across the curve.
Risk management
With 70 hubs across North America, market participants can effectively mitigate risk with prices that reflect local supply and demand trends.
Cost-efficiency
Trading our full suite of North American natural gas products on ICE provides margin offsets across your entire portfolio, enabling market participants to implement sophisticated trading strategies more efficiently.
Flexibility and precision
ICE North American financial gas offers a wide range of products that help market participants to hedge regional price risk with accuracy and adaptability. These tools manage exposure to pipeline constraints, seasonal volatility and speculative trading, while supporting strategies that adapt to evolving market dynamics such as of AI-driven energy demand, growing data center requirements and the rapid expansion of LNG exports reshaping North American gas flows.
Related insights
Product
Henry Hub product
A monthly cash settled Exchange Futures Contract based upon the monthly price published by NYMEX for the location specified in Reference Price A.
Product
North American Financial product
ICE's industry leading North American Financial Gas markets provide access to over 70 regional trading hubs, each defined by distinct geographic market dynamics.
Article
The globalization of natural gas
ICE’s TTF plays a central role as a benchmark for EU spot contracts and is being used more frequently for long-term hedging needs, influencing price discovery.
Video
Data in action
As electricity usage and natural gas consumption fluctuates, timely weather data became a key signal for market decisions, with ICE delivering the insights and tools traders rely on to navigate volatility with confidence.
Product
Henry Hub product
A monthly cash settled Exchange Futures Contract based upon the monthly price published by NYMEX for the location specified in Reference Price A.
Product
North American Financial product
ICE's industry leading North American Financial Gas markets provide access to over 70 regional trading hubs, each defined by distinct geographic market dynamics.
Article
The globalization of natural gas
ICE’s TTF plays a central role as a benchmark for EU spot contracts and is being used more frequently for long-term hedging needs, influencing price discovery.
Video
Data in action
As electricity usage and natural gas consumption fluctuates, timely weather data became a key signal for market decisions, with ICE delivering the insights and tools traders rely on to navigate volatility with confidence.